Stocks sinking now on an up-down day

Posted on AllSides October 13th, 2014
From The Left

Stocks are struggling Monday as investors look to put last week's extreme volatility behind them.

As of 12:08 p.m. ET, the Dow Jones industrial average, S&P 500 and Nasdaq composite are each lower by 0.2% to 0.4%.

The market's continued weakness, says Craig Johnson of Piper Jaffray, has a lot to do with so-called market "internals" -- the reality that more stocks are hitting new lows than new highs, and that stock charts for individual stocks and major stock indexes continue to turn down.

He's sticking to his year-end target...

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http://www.usatoday.com/story/money/markets/2014/10/13/stocks-monday/17180125/

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